The National Air Transportation Association and QBE Aviation of QBE Holdings, Inc. are proud to announce that the 2015 Program year of its Workers Compensation Insurance Program closed with a final Good Experience Return of 24.74 percent. The Program allows for five years of loss development before making the final calculation of a Program Year’s GER. On December 18, 2019, QBE declared approximately $6,113,555.60 for the Program participants for this year’s GER. To date, over $22,254,749.89 in GER has been distributed to Program participants.
“This Program was developed with three key components in mind; to provide participants with a dependable long-term option for Workers Compensation Insurance, to reward safety-conscious participants, and to make joining the program as easy as possible. We are proud to continue that effort and to once again provide the returns from a successful year-end,” stated Steve Allen, QBE’s senior vice president, head of Aviation.
